Cuban Minister of Foreign Trade and Investment, Rodrigo Malmiercah
Bogotá, Feb 21 (RHC) Cuban Minister of Foreign Trade and Investment, Rodrigo Malmierca, explained to over 60 businessmen in Colombia the possibilities of investing in the Antillean country.
Accompanied by Carmen Caballero, president of Procolombia, the government agency in charge of promoting Colombian exports, international tourism, and foreign investment in this South American country, he spoke with the forum participants.
The Cuban minister explained details of the Foreign Investment Opportunities Portfolio (https://inviertaencuba.mincex.gob.cu/es/) as a source of economic development for the country in the short, medium, and long terms.
Among the areas where the Colombian business community has good opportunities are food production and tourism, which is the most dynamic and important sector of the Cuban economy, he detailed while mentioning others.
He stressed that the Ministry of Foreign Trade and Investment works to minimize bureaucratic obstacles and delays and, in this sense, created the Single Window that allows for simplifying investment procedures.
Among other services, it offers immediate exchange with the competent authorities of the sector and various procedures can be carried out, he added.
He commented on the facilities of the Mariel Special Development Zone, which provides a first-class production and logistics platform for the establishment of companies whose productions and services will be destined for the domestic market or export.
The businessmen showed interest in the trade of pork meat, auto parts, homeopathic products, motorcycles, and electric bicycles, means of mass transportation, among others, and inquired about the financial issue to do business and how to buy biopharmaceutical products from the Caribbean nation.
Malmierca recalled that despite the economic, commercial, and financial blockade imposed by the United States, intensified with more than 240 additional measures during the government of Donald Trump; and the inclusion in a spurious list of countries that sponsor terrorism, Cuba fosters a favorable business environment.
In this sense, he listed that it has a safe and transparent legal body, political, social, and legal stability, a geographical location in the center of an expanding market, a highly qualified workforce, high indicators in terms of education, social security, and public health, population, among others.
Rodrigo Malmierca arrived in Colombia this Sunday at the invitation of the Minister of Commerce, Industry, and Tourism, Germán Umaña, to strengthen bilateral ties. (Source: PL)
